HCMC – The government of Can Tho has proposed the central government allocate an additional VND300 billion to implement three projects in the city this year.
In a proposal recently sent to the Ministry of Planning and Investment, the municipal government said Can Tho would be allocated over VND2.7 trillion from the central budget for 2022 under the Prime Minister’s decision issued in December last year. Of the amount, domestic capital accounts for over VND1.157 trillion, reported Tien Phong newspaper.
After reviewing the budget allocated to the city and evaluating its capacity to implement projects this year, the municipal government proposed the additional budget allocation to pay compensation for residents impacted by the projects to ensure it will have cleared land to break ground on these three projects.
In the first project, the city will build and expand the provincial road No.917. For the second project, it will implement the provincial road No.918. The city was allocated VND100 billion for each project and proposed an additional VND100 billion for each.
As for the third project, it was allocated nearly VND111 billion and proposed an additional allocation of VND100 billion to build the provincial road No.921.
The city is implementing works in terms of measurement, technical design, and cost estimation that are expected to be completed in the second quarter of this year.
The city also pledged to disburse 100% of the capital that it is seeking from the central budget in 2022.
